Breaking News: The Queen Just Announced The Royal Titles of Prince Harry and Meghan

When Meghan Markle marries Prince Harry later today, she will become a full-time member of the royal family. And with herWelsh gold wedding band, will come a gift from the Queen, a new royal title. Here's what we know so far.

According to the customs of British peerage, a woman takes the title of her husband, meaning Meghan would become HRH Princess Henry of Wales, but she's not a British "blood" princess, so calling her Princess Meghan would be incorrect.

SHE WILL ALSO BE KNOWN AS THE HER ROYAL HIGHNESS THE DUCHESS OF SUSSEX.

Kensington Palace announced the news moments ago.

"The Queen has today been pleased to confer a Dukedom on Prince Henry of Wales. His titles will be Duke of Sussex, Earl of Dumbarton and Baron Kilkeel," reads a statement.

"Prince Harry thus becomes His Royal Highness The Duke of Sussex, and Ms. Meghan Markle on marriage will become Her Royal Highness The Duchess of Sussex."

Before the wedding, the Duke of Sussex was the frontrunner for titles Harry could receive on his wedding day.

Royal Central, a website reporting on all things monarchical, predicted he would be named the Duke of Sussex upon his marriage, a title that has been available for over a century. (The last Duke of Sussex was Prince Augustus Frederick, the sixth son of King George III, and an uncle of Queen Victoria's.)

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"Most likely, he will be created a Duke. Sussex is available so [Markle] would be HRH the Duchess of Sussex," royal historian Marlene Koenigsaid. "Her rank would be a princess by marriage of the United Kingdom, Great Britain, and Northern Ireland."

Other available options included Clarence, Connaught, Windsor, Albany, and Cumberland.

IT'S A GIFT FROM THE QUEEN.

It has become tradition that the Queen grants her sons—and in the case of Prince William, her grandsons—a royal dukedom on their wedding day. (Prince Edward is a notably exception to this rule.) Not only is it a lovely gesture, but it also gives their wives the title of Duchess, so they don't awkwardly have to go by their husband's first name. (Shout out toPrincess Michael of Kent.)